Ail said: Netflix is down 7% so far today. The stock raised too much and too fast in January and now it's giving back some of its gains... |
Yea, must be people taking out for some profits. Short term investors it seems like. While short term investing is kind of interesting I would rather do a long term investment myself. I haven't heard too much news but just did a Google search and saw Comcast is trying to challenge Netflix in streaming. I don't see any trouble for Netflix just yet but they gotta keep on top of their game or they will end up like Blockbuster.